Quote:
Originally Posted by CaramelMan
No Auction house will stop Shill bidding!
IT MAKES THEM MONEY to have shill bids
IT COSTS THEM MONEY to Police it....
sorry folks...it will never stop....
EBAY LOVES SHILL BIDDING....they have meetings every month to talk about how they can further HIDE shill bidding for their customers...
its like beating a dead horse....IT WILL NEVER END...part of buying something over the computer....
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This argument really reminds me of steroids in baseball...
The FANS love the home runs and offense!
The OWNERS love increased gate revenue and higher TV contracts!
The PLAYERS love their names in the record books and the higher salaries from increased revenue!
The "only" people who get hurt are the players who don't want to take steroids but find that they are not able to get a job in MLB b/c of all of the steroid users producing better numbers.
It's the same thing in this situation. Consignors, even honest ones, will flock to those auction houses that seem to bring the highest prices. So the honest auctioneers will tend to get less consignments. Those consignors who don't shill will get lower prices on their consignments, which may be flipped by consignors who do shill, inflating the VCP average. Then honest buyers see these average selling prices and think that these are the prices they can sell their cards in the future, but it's all a mirage created by this shilling.